NOT LISTED FOR SALE

475 N 5th St San Jose, CA 95112

Japantown Neighborhood
5 Beds
4 Baths
2,712 Sq Ft
7,133 Sq Ft Lot

Last Sold August 20, 2024

Last sale price $1,326,800 $489 Per Sq Ft

17 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • Carpet
  • Cooling Available
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

As of August 2024

Discover a prime investment opportunity with this Victorian Four-Plex. This multi-family property features four fully occupied units, making it an excellent addition to any investor's portfolio. Each unit offers comfortable living spaces, ensuring a steady rental income and high tenant satisfaction. Situated in a highly desirable neighborhood, this property benefits from its proximity to downtown San Jose, offering convenient access to shopping, dining, entertainment, and major tech hubs. The vibrant community and strong demand for rental properties in the area make this an ideal location for long-term investment growth. The building boasts a solid structure with updated amenities, providing peace of mind and low maintenance for the new owner. Each unit includes a kitchen, spacious bedrooms, and ample storage, appealing to a wide range of renters. Additionally, the property features on-site parking and a communal outdoor area for residents to enjoy. With its fully occupied status, excellent location, and potential for rental appreciation, this is a rare gem in the San Jose real estate market. Don’t miss out on this exceptional opportunity to invest in a lucrative multi-family property. Schedule a viewing today!

Last Agent to Sell the Property

Joyce Chiu

Redfin License #01509483 Listed on: 07/10/2024

Redfin

Last Buyer's Agent

Wing Liew

License #00869811

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,133 Sq Ft Lot
  • Back Yard

Home Design

  • Quadruplex
  • Wood Siding

Flooring

  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 24945040

Community Details

Overview

  • No Home Owners Association
  • 2,712 Sq Ft Building
  • Contra Costa Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Directions: N First, E Younger, N 5th
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet
  • Basement: None
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Other
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side Yard Access

Utilities

  • Heating: Natural Gas
  • Cooling: Other
  • Laundry Features: Community Facility
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7133
  • Parcel Number: 24945040
  • ResoLotSizeUnits: Acres
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,326,800 -- --
08/20/2024 08/20/24 Sold $1,326,800 -1.7% $489 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $1,350,000 -- $498 / Sq Ft
Source: Contra Costa Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,097 $1,326,800 $700,000 $626,800
2024 $14,097 $766,698 $627,844 $138,854
2023 $13,709 $751,666 $615,534 $136,132
2022 $13,526 $736,928 $603,465 $133,463
2021 $13,053 $722,480 $591,633 $130,847
2020 $12,501 $715,073 $585,567 $129,506
2019 $12,103 $701,053 $574,086 $126,967
2018 $11,901 $687,308 $562,830 $124,478
2017 $11,752 $673,833 $551,795 $122,038
2016 $11,473 $660,622 $540,976 $119,646
2015 $11,373 $650,700 $532,851 $117,849
2014 $9,225 $637,955 $522,414 $115,541
Source: Public Records

Agents Affiliated with this Home

  • Wing Liew

    Buyer's Agent in 2024

    Wing Liew

    (408) 315-6388

    1 in this area

    19 Total Sales

    Wing Liew
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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41065797

Contra Costa Association of REALTORS®

APN: 249-45-040

California Santa Clara County San Jose 95112 Japantown

475 N 5th St, San Jose, CA

Not Listed for Sale

MultiFamily

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